Page 16 - Cryptocurrency

Ten crypto exchanges under ED lens for allegedly laundering Rs 10 billion

Many investors were traced based on their KYC details available with these crypto exchanges, but they were found to be fake or different from the real ones

Letting ED add its chilling effect to crypto winter will kill the industry

A couple more scandals, and the ED may achieve the shutdown the RBI has long wished for: The considerable talent India has in this area will flee to more welcoming jurisdictions like Dubai

CoinSwitch launches $10 mn fund to support start-ups, blockchain tech

Web3 Discovery will give entrepreneurs access to investors like Tiger Global, Ribbit Capital, Coinbase Ventures

Ripple Labs interested in bankrupt crypto lender Celsius' assets

Ripple has continued to grow through the crypto market turmoil and "is actively looking for M&A opportunities to strategically scale the company," the spokesperson said.

Coinbase reports $1.1 billion in net loss, revenue drops 60% in Q2

Largest cryptocurrency exchange Coinbase has reported massive loss in both revenue and profit in the June quarter -- logging $1.1 billion in net loss as revenue declined

Singapore-based crypto lender Hodlnaut freezes withdrawals, deposits

Cryptocurrency lender Hodlnaut has announced to freeze withdrawals, token swaps and deposits amid the harsh crypto winter.

Tornado's crypto token TORN nosedives after US imposes sanctions

North Korea's Lazarus Group used Tornado to launder money stolen in large crypto hacks, according to US authorities

Binance ceases off-chain fund transfer with WazirX after ED raids

Users will still be able to deposit and withdraw balances via the standard withdrawal and deposit process between Binance and WazirX, says Binance executive

WazirX, Binance engage in war of tweets; investors worry about future

The ED has found major amount was diverted to WazirX and the crypto assets so purchased have been sent to unknown foreign wallets

Ahead of Independence Day, NIA arrests active member of ISIS from Delhi

NIA arrested a radicalised and active member of Islamic State (ISIS) from his residence in Delhi for his involvement in the collection of funds for the terrorist outfit from sympathisers in India

India team working on core aspects of crypto products: PayPal's Aoki

Company committed to rules and can 'ease the minds of regulators', says executive about Indian concerns on digital assets

Instant app-based loan case: Nine crypto exchanges under ED scanner

Rs 64.67-crore bank accounts of WazirX frozen under PMLA after search ops

Crypto wrap: RBI MPC unlikely to impact global crypto prices, say experts

The Reserve Bank of India (RBI), on Friday, hiked the repo rate by 50 basis points for the second consecutive time to 5.4 per cent

ED freezes over Rs 64-crore bank deposits of crypto exchange WazirX

The federal agency said it conducted raids against a director of Zanmai Lab Pvt Ltd, which owns WazirX, on August 3 in Hyderabad and alleged he was "non-cooperative".

Meta rolling out expansion of NFT support on Instagram to 100 countries

Meta CEO Mark Zuckerberg said that the company is beginning the international expansion of non-fungible tokens (NFT) support on its photo and video-sharing platform Instagram

Coinbase's BlackRock pact reinforces crypto status, burns shorts

For Coinbase investors, the news is a much-needed signal that its status as a giant in the crypto sector remains rock solid

2 Indian brothers plead not guilty in crypto insider trading scheme in US

Ishan Wahi, 32, a former product manager at cryptocurrency platform Coinbase, along with his brother Nikhil Wahi, 26, have pleaded not guilty to federal charges of insider trading, the media reported.

Hard work, determination: Creating India's biggest crypto community

Ushering greater ease and clarity to tackle financial markets, Yash Gupta, Director of Aspire Now Global LLP is successfully building a community platform to train about investments

US: New cryptocurrency oversight legislation arrives as industry shakes

The regulations would authorize the Commodities Futures Trading Commission to be the default regulator for cryptocurrencies

Crypto takes a new hit as thousands of Solana wallets hacked

In yet another major cryptocurrency hack, the popular blockchain Solana on Wednesday reported that an unknown bad actor has drained funds from 7,767 wallets on the Solana Network